Pension Calculation - Sample Sheet
( G.O. 788 Fin 13.05.1986, 134179 / 91-1 Fin 27.12.1991, 140549/92-4 Fin 02.07.1993 ) | ||||||||||||
(814 Fin 30.09.1994) | ||||||||||||
1 | Name | A B C | ||||||||||
2 | Designation of post from which retired | X Y Z | ||||||||||
3 | Department/Office last served | P Q R | ||||||||||
4 | Date of Birth | 20.09.1942 | ||||||||||
5 | Date of Commencement of service | 10.04.1965 | ||||||||||
Date of Superannuation/ retirements | 30.09.2000 | |||||||||||
6 | Rules under which pensionary benefits | T.N. Pension Rules | ||||||||||
were settled | ||||||||||||
7 | Qualifying Service (See para 3.9 Part III) | 30.09.2000 | ||||||||||
-- | 10.04.1965 | D M Y | ||||||||||
20.05.35 | ||||||||||||
1. Addition to Qualifying Service | Nil | |||||||||||
2. Period of Service not Qualifying for pension | ||||||||||||
With reasons not Qualifying | Nil | |||||||||||
20.05.35 | ||||||||||||
8 | Emoluments drawn during the last 10 | Scale of pay Rs.4500--125--7000 | ||||||||||
months and Scale of pay preceding | 01.07.1999 Rs.5875+SplPay50+PP50 | |||||||||||
retirement/superannuation(Pay, Special | 01.07.2000 Rs.6000+ " 50+ " 50 | |||||||||||
pay, D.P.Allowance,Personal pay, D .Pay, | ||||||||||||
Interim relief) | ||||||||||||
9 | Computation of Average emoluments on | 5975 X7 = 41825 | ||||||||||
which pension is fixed | 6100 X3 = 18300 | |||||||||||
60125 | ||||||||||||
Average Emoluments Rs.6012.50 | ||||||||||||
Pay Last drawn Rs.6100 | ||||||||||||
Pay last drawn being advantageous it has to be adopted Rs.6100 | ||||||||||||
10 i) | Total amount of Pension | 6100 X 50 / 100 = Rs.3050 | ||||||||||
ii) | Family Pension Admissible | |||||||||||
a) | Ordinary rate of Family Pension: Pay last drawn X 30% subject to Min.1275 Max 6570 | 6100 X 30% = Rs.1830 | ||||||||||
b) | Enhanced rate of Family Pension 50% of pay last drawn and not exceeding pension admissible on date of retirement Min.1275 Max.6570 | Nil | ||||||||||
11 | Details of Commutation of Pension | |||||||||||
i) | Percentage amount of monthly pension commuted 40% | |||||||||||
ii) | Amount of Commuted value of pension (Age Next birthday 59 years 10.46 Yrs purchase) | {3050 X 40 / 100} X 10.46 X 12 = Rs.1,53,135 | ||||||||||
12 | Computation of D.C.R.Gratuity | Actual Service 35 years | ||||||||||
| (Emoluments=PAY+D.A) | 5 months restricted to | |||||||||||
33 years for Gratuity Pay 6100, | ||||||||||||
D.A.@41%(as on 1.7.2000) 2501=8601 8601 X 16 1/2 = Rs.1,41,917 | ||||||||||||
13 | Amount of D.C.R.Gratuity | Rs.1,41,917 | ||||||||||
14 | Remarks | |||||||||||
Source : http://www.tn.gov.in/
